Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-06-Speech-2-442"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-07-06"^^xsd:date2
dcterms:Is Part Of	lp_eu:European Financial Stability Facility and European financial stabilisation mechanism and future actions (debate)2
dcterms:Language	"el"^^xsd:language2
lpv:document identification number	"en.20100706.29.2-442"2
lpv:hasSubsequent	lp_eu:2010-07-06-Speech-2-4432
lpv:speaker	lp:Anni Podimata2
lpv:spokenAs	member; S&D (2009-07-14--2014-06-30)3 vice-chair; ITRE (2009-07-16--2012-01-18)3 substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2009-09-17--2014-06-30)3 member; Special Committee on the Financial, Economic and Social Crisis (2009-10-08--2011-07-31)3 member; Delegation to the EU-Former Yugoslav Republic of Macedonia Joint Parliamentary Committee (2009-09-16--2014-06-30)3 substitute; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 unknown; Panhellenic Socialist Movement (2009-07-14--2014-06-30)3 member; ECON (2010-01-20--2012-01-18)3
lpv:translated text	"Madam President, Commissioner, without doubt, the decision taken on 9 May to create the European financial stabilisation mechanism was of crucial importance in protecting the single currency and the stability of the euro area in general. That is why Parliament, which asked the Council to proceed in that direction a long time ago, immediately welcomed it. That decision, like the decision to create a European Financial Stability Facility, finally sent an – albeit belated – message of unity and solidarity in the euro area to the international markets. The European Central Bank demonstrated the same willingness and solidarity in its decision on temporary intervention in the secondary bond market, a practice which is fully in keeping with the more general spirit of the decision by the finance ministers in the euro area. However, these are mechanisms and measures of a provisional nature and, if we really want to learn lessons from the current crisis, obviously we should not wait for the next crisis to highlight the shortcomings and weaknesses in the euro area and the Union before we decide to intervene. Now is the right time to create permanent economic coordination and supervision mechanisms that will function as both prevention and cure. Within this framework, the recent Commission communication on stronger economic coordination is certainly a move in the right direction, but we should not forget that our basic objective is the stable and viable recovery of the European economy and that is why we need a framework of economic governance which focuses not solely on the pillar of financial restructuring, but also on protecting employment and on growth and social cohesion. In order to achieve this, our priority should not be sanctions; it should be incentives and preventive measures which will safeguard equal treatment for all the Member States of the Union and their citizens."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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